Ollie Ryan fired past Kyle Letheran after an hour to put Lincoln infront before Tom Beevor equalised for the Reds 10 minutes from time.
Lincoln though grabbed the winner in stoppage time when Owain Warlow got past The Reds defence to finish calmly.
The Reds Reserves host Shrewsbury Town next on Monday 6th November 2006, Kick-Off 2pm.
Season Ticket Holders: Free with production of season ticket book.
All entry is through the West Stand turnstiles.